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HomePersonal FinanceSBI Withdrawal Rule Alert! SBI change cash withdrawal rule from ATM, know...

SBI Withdrawal Rule Alert! SBI change cash withdrawal rule from ATM, know new rule quickly otherwise your money……..

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New Delhi : SBI account holders will have to follow the new rules for withdrawing money from ATMs. If you are going to withdraw money from ATM, then now OTP will have to be given on withdrawal of more than 10 thousand rupees. SBI has taken this decision to secure the transactions from ATMs.


In this new rule, customers will not be able to withdraw cash without OTP. In such a situation, if you are not aware of this, then know it very well, otherwise your money may get stuck. This information has been given through a tweet by SBI Bank.

Let us tell you, for the withdrawal of more than 10 thousand rupees from the ATM, the help of an OTP will have to be taken. This OTP will be sent to your registered mobile. After that you have to use it.

know everything

  • You will need OTP to withdraw money from SBI ATM.
  • For this an OTP will be sent to your registered mobile number.
  • This OTP will be of four digits which the customer will get for one transaction.
  • Once you have entered the amount you wish to withdraw, you will be asked to enter the OTP on the ATM screen.
  • For cash withdrawal you need to enter OTP received on mobile number registered with bank in this screen.
  • Explain that the bank has taken this step to protect the customers from fraud. The bank is continuously receiving complaints related to fraud. SBI has the largest network of 22,224 branches and 63,906 ATMs with 71,705 BC outlets in India.

Pravesh Maurya
Pravesh Maurya
Pravesh Maurya, has 5 years of experience in writing Finance Content, Entertainment news, Cricket and more. He has done BA in English. He loves to Play Sports and read books in free time. In case of any complain or feedback, please contact me @ businessleaguein@gmail.com
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